Toyota Motor, the world’s biggest carmaker, forecast profit and sales will climb to the highest in six years. ||| Tokyo - Toyota Motor, the world’s biggest carmaker, forecast profit and sales will climb to the highest in six years as the weakening yen gives it an edge over General Motors Co. Show More Summary
Toyota is clearly on the rebound.
By now, most of you who care about these things are aware that Toyota today announced an annual net profit of $9.73 billion for the fiscal that ended on March 31, more than three times of what the company made in the year before. By now you probably heard that the “weaker yen” is the [...]
Toyota Motor Corp. (NYSE: TM) issued financial data that showed that in the short term the auto manufacturer has experienced a recovery. Toyota's fortunes mostly have gotten better since the Japanese earthquake shut many of its plants,...Show More Summary
Deutsche Telekom announced that it has ceased the outflow of customers in the first quarter after it dropped conventional two-year contracts and added Apple’s iPhone to its offers. HSBC announced that it might face "significant" penalties from US regulators related to the ongoing investigation. Show More Summary
Toyotas are not considered expensive cars but they seem to have gained in value over time. RM Auctions sold a 1967 Toyota 2000 GT for nearly $1.2 million. It was one of the most expensive cars in a batch that included cars Ferraris, Porsches and one-off concept cars like a 1954 Chrysler GS-1 Special. The [...]Show More Summary
TOKYO (Reuters) - Toyota Motor Corp more than doubled its fourth quarter net profit, as the yen's depreciation helped the automaker export more profitably and U.S. sales of the Avalon sedan and Tacoma truck were strong.
The boss of General Motors’ North American operations says a compact rear-wheel-drive sports car is on his wish list. Speaking with industry journal Automotive News, GM North America president Mark Reuss said he believed a rival for the likes of … Continue reading ? The post Toyota 86 rival on GM’s wish list: report appeared first on CarAdvice.
SMR Automotive will shift part of its production from Adelaide to Thailand, at a cost of up to 90 local jobs. A supplier of rear-view mirrors, indicators and door handles for local manufacturers Ford, Holden and Toyota, SMR Automotive made … Continue reading ? The post Local parts supplier shifts production to Thailand: up to 90 jobs to go appeared first on CarAdvice.
TOKYO (Reuters) - Toyota Motor Corp refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker is likely to show that it met its mid-term profit goals in the year ended March, aided by the weaker yen.
An airbag recall that impacted millions of Toyota, Honda, Nissan and Mazda vehicles worldwide in April has expanded to German carmaker BMW. Today, the National Highway Traffic Safety Administration released the recall of 42,080 BMW 3 Series models from the...
After analyzing data from 89 markets worldwide, a new report by Mercer lists company car benefits as a key component in key talent retention programs, with brands such as Volkswagen, Ford, Toyota and Honda topping the list of cars offered to the most valued employees.
An Illinois woman claims that her 2012 Toyota Camry SE lurched forward even though her foot was on the brake.
After breaking the Pikes Peak record for an electric car in 2012, and coming a respectable sixth overall, Toyota is set to return to the famous ‘Race To The Clouds’ this year with an improved version of its EV P002 electric racer. Toyota has also secured a new driver for its 2013 challenge: nine-time Pikes Peak winner Rod Millen...
At the end of last month, Mercedes-Benz announced a recall on select 2013 GL models, including the GL350 BlueTEC, GL450 4MATIC, GL550 4MATIC, and GL63 AMG. The vehicles affected have a manufacturing date between May 15, 2012 and October 4, 2012. Toyota also announced a recall late last month on the FJ Cruiser with a [...]
Former Holden chief Mark Reuss, now head of GM's North American operations, has revealed desires for a model he can pitch at fans of the Toyota 86. Sold in the US as the Scion FR-S - and also in global markets as the Subaru BRZ - Toyota's new coupe is a lightweight rear-wheel-drive coupe built on a philosophy of affordability. Show More Summary
Posted on 05.6.2013 18:00 by Simona The 2012 Pikes Peak International Hill Climb was quite a successful one for Toyota, as the company set a new EV record of 10:15.380 up the hill in the Electric class. For this year’s hill climb, the company prepared an improved version of its electric car in an attempt to break its previous run. Show More Summary
On the heels of the massive airbag recall just last month, which included a total of 3.4 million Japanese automobiles from Toyota, Honda, Nissan and Mazda, German automaker BMW has announced that it will recall 42,000 of its 2002-03 3 Series models (E46 platform) for the same problem. Show More Summary
The GM Renaissance Center in Detroit, Michigan, USA, June 22, 2005. (General Motors/John F. Martin) So far this year Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), and to a lesser extent Chrysler, have seen great sales numbers and profits. One large reason for this resurgence has been Detroit’s recent ability to match import vehicles [...]